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Bitcoin Hashprice Surges to 5-Month Peak Amid Biggest Difficulty Plunge Since China’s Mining Crackdown

Bitcoin Hashprice Surges to 5-Month Peak Amid Biggest Difficulty Plunge Since China’s Mining Crackdown

Published:
2025-06-30 19:06:24
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Bitcoin's hashprice—the revenue miners earn per unit of computing power—just rocketed to its highest level since February. The spike comes hot on the heels of the network's most dramatic difficulty adjustment since Beijing kicked miners out of the country.

The numbers don't lie: When the going gets tough, Bitcoin's proof-of-work algorithm gets going—with a 6% difficulty drop that's sending shockwaves through mining circles. Suddenly, those ASICs gathering dust in Texas warehouses are printing money again.

Meanwhile, Wall Street still can't decide if crypto is a hedge against inflation or a risk asset. Maybe it's both—or maybe traditional finance just moves at the speed of a 56k modem.

Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban

|Square

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